Life Technologies Not Looking Great and 4 More Analysts Downgrades To Know

Stock upgrades and downgrades are a controversial part of Wall Street. Despite regulations, many banks and firms still have a positive bias toward current clients and companies desired as future clients. In addition, Wall Street analysts are straight-up biased to the buy side. The percentage of sell recommendations is normally below 15 percent!

Regardless, upgrades and downgrades move stocks in the short-term. They fall into our CHEAT SHEET framework category ‘C = Catalyst for a Stock?s Movement’. Here are catalysts you must know today:

Life Technologies Corporation (NASDAQ:LIFE): Credit Suisse downgraded its rating on this company from Outperform to Neutral.

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LIFE

Piedmont Office Realty Trust (NYSE:PDM): Morgan Stanley downgraded its rating on this company from Equal Weight to Underweight.

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PDM

Enbridge (NYSE:ENB): UBS AG downgraded its rating on this company from Buy to Neutral.

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ENB


PAA Natural Gas Storage (NYSE:PNG): Citigroup downgraded its rating on this company from Buy to Neutral.

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PNG

Sinclair Broadcast Group (NASDAQ:SBGI): Gabelli downgraded its rating on this company from Buy to Hold.

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SBGI

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